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to use election year to make money! first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. october 5th. i'm angela miles. in today's first look: you know the drill - it's the first friday of the month, making it a jobs friday. economists and traders expect up to 120,000 jobs were added in september and the unemployment rate will remain around 8.1%. ahead of the news, stocks and commodities rallied after jobless claims and factory orders came in better than predicted. a zynga sell off! the struggling social media game company cut its full-year outlook. shares dropped below $3. reports say at&t will sell nokia's new lumia smartphone. the national hockey league has cancelled all regular season games through october 24 as players and the league fail to reach a contract agreements. and schwab & amertride are reportedly closing some offices in the e.u. john brady of rj o'brien joins us now. john, jobs are on tap this morning. > > expectations are for non- farm payrolls in the month of september to reach plus 100,000, whi
candidate mitt romney in the election, presidential election polling this past month conservatives decided these polls showing an american electorate that is choosing president obama over mitt romney, these polls made them feel so uncomfortable they decided to develop a new fantasy electorate that they would poll in theory and their fantasy electorate which is not the real electorate would give them a much more comforting list of results in terms of their fake polls. it was the same dynamic at work when they invented conserve-a-pedia. something you read about the world on wikipedia, if it makes you uncomfortable as a conservative, conserve-a-pedia is guaranteed to only contain information that makes you feel okay. if you are discomfited by the idea the human species is a result of millenia of evolution for example conserve-a-pedia has you covered. don't worry. not only has conserve-a-pedia been debunked by the obvious fact that humans and dinosaurs co-existed, but in fact according to conserve-a-pedia dinosaurs are actually still here. dinosaurs have been seen in papua, new guinea, twice s
election season on record due in part to the supreme court citizens united decision. in this discussion panelists examine the effect that corporate spending has had on the campaign season. this is an hour and a half. >> good morning. good morning and welcome to the new america foundation. my name is mark schmitt. i'm a senior fellow at the roosevelt institute and a research fellow here at new america foundation. the vice president of new america and i have pulled together a good panel on what's really going on with money and politics in 2012. we call it beyond sticker shock because the idea is to kind of get beyond the basic idea of that huge amount of money here in politics. i remember when i first got involved in this issue in 1996 i was working on the hill, and my boss wanted to do a big speech. how outrageous it was, up to $1 billion would be spent on the election in 1996. of course, that begins to seem like the line from doctor evils demand for $1 million to not take over the world. so what i'm going to do here is a couple brief presentations and open it up to a panel discussion. t
religions. it has been fined. -- fine. there are many world religion electives now. they are the exception. they're not many districts have world religion electives. but the core curriculum, where we need more natural inclusion of teaching about religion, is a tougher nut to crack because of time constraints, because of the issues of teachers not being prepared to teach about religion. we have to address the core curriculum, including more about how religions are part of society and the role of religion. wewe have come a long way in 20 years, but i think we've still got a lot of work to do. >> do you want to add to that quickly? >> quickly, i do not think the establishment clause has been the cause of this. i think there is a religious literacy problem in the country. i think the establishment clause has helped. i think it would be worse if it were not the case. americans' lack literacy in a great many areas, religion being one of them, so i think there's a lot we have to do on the education front. >> i just wanted to disagree. i write a syndicated column on ethics and religion. you said s
. [applause] be mac thank you. there's a little less than two months before the election and in many ways this is the time the book was designed for because this are into these last two months, this is the election really get going. and to me, one of the great untold stories is not just obama versus romney. it is obama versus karl rove and he's in behind the scenes the whole time and he has put together over $1 billion that will be spent in these last two months. read new york here are not going to see much spent in the battleground states. and he's become king of the sub two. he has cover when you put this together money with money romney has raised the republican national committee is a total of about $1.8 billion. to put that in this, in no way, mccain had 375 million to spend, so this is a fact or a five. you'll start seeing it come out now. the other thing i want to discuss about him, is susie really? what does he do? is a political operative. how does he operate? what does he do? i talked to a couple services. one said there is a dark and terrible beauty about what he does. i have a
initially reacted. how did the court system react to this? caller code he was elected as a republican, for what that is worth. he felt he had to defer to the power and authority of the legislature to run pennsylvania elections. the supreme court, when they got that ruling, they sent it right back. they said that voting was a fundamental right and the judge would not be obligated to block the law unless -- sorry, missing a word here -- not disenfranchisement of voters. that was the strict order from the supreme court and he had no choice but to block all law. host: what has been the reaction in pennsylvania? who is going to benefit from this? caller: democrats have been very concerned that this would reduce turnout, especially among the elderly. they held up as a big victory. the republicans are basically trying to make sure that the law takes effect next year, not this year. they are looking to the future. host: as we look forward, do you expect this ruling to go to the supreme court before the election? could there be a change? or is this really what is going to happen? host: -- call
to find a republican operative, a republican elected official, a republican, even inside of romney's own campaign who felt self-confident, who felt confident about their guy. everybody was belly aching. we went up to do some reporting about this fiscal cliff debate on capitol hill? we talked to republicans. republicans talk about the debate like it is a foregone conclusion president obama was going to win re-election. just the mood going in and the mood going out is dramatic to have people actually saying hey, romney our guy. best debate in 20 years are coming from "the weekly standard", by bill kristol who spent the last month being a professional romney critic. >> expectations game moving forward because harder for republicans argue before the next presidential debate and president obama is great orator and romney is so, so. we saw romney give stronger performance. expectations for him will be higher in the next debate. >> james, one of our 10 to 20 reporters we have on the ground at the debate in denver has been in the spin room. he is joining us. hey, homan, forget the romney side of
principal of countless ceos from general election to google. well the republicans may need a knew principal. remember these numbers? 42 million versus 24 million. those numbers are from a bloomberg study showing over the last 50 years, democrats created nearly twice as many jobs as republicans did. that is significant data. those are some cold hard facts. well today, that data got stronger. the unemployment rate dropped to 7.8%, which is the lowest since the president first took office. sure, i know. we need to do better, but the data is the data. progress is being made. the president's strategies are moving us in the right direction. that is the data, those are the facts. but republicans don't like those facts, so they are either undermining the recovery as mitt romney did today when he said this. >> romney: the reason it has come down this year is primarily due to the fact more and more people have just stopped looking for work. but if the same share of people were participating in the work force today as when the president got elected our unemployment would be around 11%
but there are many world religions electives proliferating. fairfax county has the 11 and maryland has quite a few. not many districts have a lot of world religion elective and bible courses are proliferating. not all of them good but some quite good. the core curriculum with more national inclusion of teaching of religion is a tougher nut to crack because of all the issues of concern about teachers not being prepared to teach about religion. we have to address the core curriculum including more about how religions are part of society and the role of religion. we have got -- come along way in 20 years but we still have a lot of work to do. >> next question. the want to add to that? >> i do not think the establishment clause was the cause of this. there is a religious literacy problem. the establishment cause and enforcement of it has -- it would be worse if it were not the case. that is the tougher question but americans, literacy in areas, a lot to do on the front. [talking over each other] >> i write a syndicated column called ethics and religion. same-sex marriage is inevitable in the united st
their perspective on the debate and the upcoming elections. we are grateful to all our bridges since this morning. they will take questions from you all. think of what you would like to ask. we will have microphones point around and you can ask questions. we also have the conversation via twitter and we welcome your comments and insights there as well. finally, if you would not mind at silencing your cell phones, it would help us immensely. we are able to gather this morning things to the generosity and underwriting support of united technologies. it is a very diversified company comprised of several well-known brands known to many of you, and they also have utc climate controls and security and utc aerospace, which includes a good rich. utc has been a wonderful partner with "national journal." they also partnered with us on the congressional connection poll to get a sense of what is going on outside of washington and bring that news and information here. and as "national journal" daily readers, it can be informed via utc and the congressional connection poll as well. i want to thank the entire t
, the labor unions in the process to help elect democrats. the biggest outside groups are the labor unions. when karl rove looked at the 2010 elections, they realize that, while big labor, which spent $400 million helping elect president obama and the democrats in 2008, there was no corollary to that that existed on the right to be able to spend large amounts of money on behalf of the republican candidates for the house and senate. we set a goal of $50 million in 2010 and i was working a crossroads when president obama attacked crossroads could he said we were taking illegally from china. as soon as he said that come within 10 days, which saw an uptick in crossroads. the reason for that was because president obama, by attacking crossroads, identified as as the biggest risk to his existence. and the rest is history. that is kind of were the center- right groups are. in fact, in 2010, people think of crossroads as being the biggest spenders in the 2010 election. we were not. the biggest expenditures were from the american federation of states county and municipal employees. the second bigges
in next month's presidential election. a pennsylvania judge today blocked a tough and controversial new law that would require voters to show valid photo identification. the republican-led state legislature passed the law in march. supporters claim it would prevent fraud and insure that only those who are legally eligible to vote would be able to cast a ballot. opponents argued the law unfairly targeted minorities and the elderly and intended to keep them home on election day. according to the average of all pennsylvania polls, president obama has a sizable lead. democrats have fought the law furiously because in the past lower town out has benefited republicans in pennsylvania. the state acknowledged in court that there has never been a case of in person voter fraud in pennsylvania. now like for us in new york city with more on that. what will happen come election day? >>reporter: trace, believe it or not on election day poll workers will ask for your photo i.d. in pennsylvania but voters do not have to show up. the judge simpson led the law stay in place ruling it is constitutional bu
.8%. that's the best since barack obama took office and it's certainly positive news for his re-election hopes because no president has been re-elected with an unemployment rate above 8% since roosevelt in the 1830s. erin herself has made this point many times. >> the unemployment rate may be high, but the the absolute number is not what matters when it comes to getting re-elected. that's about to trend. every president running since world war ii has won when the rate was falling and lost when it was going up. best example, get ready. >> it's morning again in america. today, more men and women will go to work than ever before in our country's history. with interest rates at about half the record highs of 1980. >> yeah, you know what ad was for. that was ronald reagan, who won the election with a rate of 7.4%. so, the question is, can mr. obama win one like the giper or is the number still bad enough to doom his hopes? well, cue mitt romney. that's what happened today. his team is furiously pointing out how many people are underemployed. last month's household survey found 582,000 of the
-up column. there are 36 days until the election. this election actually despite everything you are hearing it is still up in the air. so don't count your chickens folk. back with us from washington, d.c. is peter fenn, and joining me here inside "the war room," duf sundheim. duf, let me start with you, because of all of the polls that have been out lately there has been some movement of republican money. there have been in fact fox business news is reporting that some of mitt romney's new york donors are taking their money to the house and senate. and that trend reflects an increasing level of anxiety both with the nature of the romney campaign, and polls show president obama has a lead in swing states that some republicans think is insurmountable. do you think it's too soon? >> yes. you are going to see some anxiety, you are at a football game, and people start leaving for the exits way too early. >> jennifer: i think we're going to have to follow the money. though. peter after all of the millions that have already been donated how important it is for campaigns to ge
today in one of the biggest battleground states in the presidential election. >> i can say once in my life i camped out to vote. >> pelley: campaign 2012 reports from dean reynolds and jan crawford. mark phillips on the financial crisis in europe. it's so bad in spain some people are forced to do their shopping in the trash. charlie d'agata in afghanistan where american troops are on the lookout for enemies among their afghan allies. >> every soldier is required to carry their weapon with them at all times. and an ingenious idea for helping the poor inspired by his mother. >> i'm hoping my mother is watching and that she is enjoying this. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, election someday five weeks from today but many of the states are getting a head start. today voters in ohio-- one of the key battleground states that will tip the balance on which way this election goes-- began casting their ballots. that brings to eight the number of states where voting is already under way. 34 states in all will begin votin
in suburban las vegas. >> you may have heard that in a few days my opponent in this election and i are going to have a debate. i know folks in the media are speculating already on who's going to have the best zingers. >> you are. >> i don't know about that. >> both campaigns from the candidates on down have been frantically spinning to lower expectations for wednesday night. >> governor romney, he's a good debater. i'm just okay. >> president obama is a very experienced speaker, experienced debater. he's dub this before. this is mitt's first time on this kind of a stage. >> we've suspected all along that mitt romney will have a good night. he's prepared more than any candidate and he's shown himself to be a very good debate over the years. >> but on "meet the press" it was apparently governor chris christie who went off script who said he's going to have to beat the result if mitt romney is going to come out on top in november. >> on wednesday night, mitt romney is going to be standing on the same stage as the president of the united states and i'm telling you, david, come thursday morning,
to decorate the office before they have it. we might see another turnaround election in the year 2014 like we did in 2010 if they continue to push this big spending big government. neil: you're not giving up on spending. it almost sounded like you were. >> well, i am just simply saying if they are going to go with decorating the office. neil: thank you very, very much. don't look now, but he is back. remember caught 20 years later. back with a vengeance, and a new warning. deep in debt. ross perot fears we are easy date to be taken down. a former clinton press secretary, debate commission on those warnings from a guy who two decades ago almost up into the presidential race. very good to have you. >> good to be with you. neil: i remember. he and his charts. i remember bill clinton responding to that, addressing that. many will argue, it was your boss to did address some of the same debt issues that perot claim to fame for. but he is back saying both parties have let him down. i think he goes on to say that he does not like other guy and that both parties have essentially risk throwing the coun
cannot go in effect for the general election. there is a chance the state could appeal this to the state's supreme court, but based on what the supreme court said last time they looked at this, it's doubtful they would succeed there. what the judge says here is yes, it's true. the state has said we can fix some of the problems that have come up before, but he says, i question whether there is enough time now to fix these problems. i think there are going to be more problems down the road putting this into effect like we've already seen, he says. he believes that the gap between the photo i.d.'s issued and the estimated need cannot be closed before the election. in other words, he says all the people who would have to get new photo i.d.s, he doubts there is enough time for them to get them. he says i'm not convinced in my predictive judgment there won't be any voter disenfranchisement arising out of this new law. pennsylvania in march passed this new law requiring voter i.d.s. people started going to get them and the state said, wait a minute. we can't just give you a voter i.d. because o
and not president elect kerry. the national polls are close her today than eight years ago but the numbers in key battlegrounds today tell an obama victory story. democratic strategist steve el mendorf, kerry's deputy campaign manager in '04. how are you? >> good, how are you. >> tell me about why your guy won the debates and lost the election and what that says potentially about this dynamic and this race right now is this. >> i think any challenger has a benefit when they get up on the stage against the president of the united states. the debates level the playing field. they put you on the stage in an equal footing. i think mitt romney comes into the debate with an advantage because of that. i think the question in this race, all campaigns are different and i think in this race, this is very much of a choice election. i think people see very different visions for the future between these two candidates and my guess is, when we get out of the debates they are going to continue to see the two visions and right now they're picking barack obama's vision. i think in 2004, it was more of a referendu
one month until election day, november 6th, and just five days until the vice presidential debate. coming up, we'll take a look at what the number twos are doing to prepare for that. and will the new lower unemployment number usher the president into a second term? we'll talk to the obama campaign's vice chair, jan schakowsky. >>> topping our political headlines, mitt romney is out with a new podcast this afternoon, in which he attacks president obama over his debate performance. >> president obama could not defend his record. he offered no new ideas for how to fix the economy. i welcome the chance to share my vision for renewed prosperity and opportunity and i think it compared quite favorably to president obama's policy for big, trickle-down government. >> this past hour, mitt romney's son, josh, met with reporters in the swing state of virginia. it's part of a day-long effort the campaign is calling super saturday, with volunteers going door to door in battleground states. president obama has no public events today. he will head to california tomorrow, where he is expected to t
this in the election cycle. over and over and over again, the right has tried to make huge news not out of something president obama has done as president but out after a big unveiling, a big, giant, coordinated round of attention for something from president obama's supposedly secret past. this spring it was the glen beck website dousing themselves in gasoline and pulling the fire alarm over video of president obama speaking as a law student at harvard. video at a press conference where obama says nothing news worthy. that was explosive tape, not at all. last month it was the drudge report, which means the romney c campaign, it was them again dousing themselves in gasoline and pulling the fire alarm as what was hyped as outrageous video of president obama saying he believes in redistribution. specifically it was that he believes essentially in the progressive tax code that we have had in this country for a time period that's more easily measured in centuries than in individual years. again, not exactly a bomb shell. now they are dousing themselves in gasoline and hitting the fire alarm all over aga
is for the se kindf pe they ha tried to make bomb shell three times we have gone throu this in the election cycle. over a over and over again, the right has trietohuge me news not out of something presidt obama has done as president out after a big coordinated round of atttion for something from president weama's su itdoing themsees in gasoline and pullinghe fe udent at h where obama that was explosive tape, not at all. lastonth it was the drudge report, which means the romney campaign, it was them again d l video of president obama saying he beliein redistribion. spifally it wathat he believ essentially ie progreive tax codehat we have hadn this count for a time piod that's more ealy measured in centuries than in individual yrs. agai not exact a bomb shell. now a in gasine and hitting the fire video of president obama speaking as a candidate in7. in ts deo, which the right is very excited aboutoght but which has envailable 2007, then candidate, acknowledges the presence in e room of his former pastor from ccago, vend jeremiah wrig. steve smith was pa of the straty decided that they woul
that election that year, whether or not it was because of the debate, i don't know, but thus was born the entire school of punditry that says it's all about the optics and watching things with the sounds off and all that existentially exhausting stuff we still say today. but here is the relevant context for understanding what happened last night. when mitt romney beat president obama in last night's televised debate. so the first televised presidential debate that we had was in 1960. here are all of the other years that we have since have televised presidential debates. every four years now we have these debates on tv. the only years, though, so these are all the years, right, right? the only years, though, in which you had an incumbent president running against a challenger in all of the years we've had presidential debates on tv are these years. so in terms of understanding the historical context of what happened last night when mitt romney beat president obama in this first debate, this is the universe of like things to compare it to. this is how to understand it in terms of american politica
will be removed from the roles. opponents say it was illegal within 90-days of the election. judge said florida has a duty to stop ineligible voters from voting. bruce davis has been granted parole after 40 years behind bars. could be overturned by jerry brown. davis was convicted over 2 murders unrelate to do the infamous sharon tate murders. >> time for another look at who is talking. >> we are talking about al gore he gives interesting bizarre explanation of the president's debate performance. take a look at this. >> i am going to say something controversially. obama arrived in denver at 2:00 p.m. today just a few hours before the debate started. romney did his debate prep in denver. when you go to 5,000 feet and you only have a few hours to adjust, i don't know maybe. >> mitt romney also talking about that comment this morning giving sean hannity his take on the former vice president's debate announcement. >>> would you agree maybe the altitude had an impact on the president last night. that was al gore's theory. >> look, it was a chance for each of us to describe our vision for the country
to redefine himself as well as redefining the election. >> reporter: an election only 35 days away but still far from over. and the first debate is on the domestic issues that are defining this election. lynn? >> all right, brian, thanks. >>> elsewhere, the candidates for the u.s. senate in massachusetts, scott brown and elizabeth warren, debated for the second time last night. the two were combative as they staked out opposite positions on issues ranging from job creation to bringing home troops from afghanistan. nbc's david gregory of "meet the press" was the moderator, and they also clashed over brown's claim of partisan independence. >> if he is re-elected, that increases the odds that the republicans will control the senate and that he can block president obama's agenda. >> if you're going to comment on my record, i would at least have you refer to it -- >> can we -- >> excuse me, excuse me. >> go ahead, senator. >> excuse me, i'm not a student in your classroom. please let me respond. thank you. >> recent polls before the debate showed elizabeth warren with a small lead over scott brow
-- governor romney. >> this is an important election and i'm concerned about america. i am concerned about the taking over the last four years. i know this is bigger than an election about the two of us as indivvduals. -pit is bigger than our respecte parties. it is an election about the course of america. what kknd of america do you want to have for yourself and your children? there are two seven pads we begin speaking about this evening. we will have two more presidential debates and a vice presidential debate. we will talk about those two pads. -- paths. you do not have to just look at our work. you can look at the record. if the president would be reelected, you will see a middle-class squeeze. income going down, and prices going up. in come up p again. if i am president, i will help to create 12 million new jobs in this country with rising incomes. if the president is elected, obamacare will be fully installed. that will mean a whole different life. many will lose their insurance. if i am elected, we will not have obamacare. we will put in place the kind of principles i put in place i
election day. four days until the vice presidential debate. and look at this. 2.8 million, that's how much the romney/ryan campaign raised last night in milwaukee. we look at how the money will get put to work. topping the political headlines, a whole new round of fire on the sunday morning talk shows over -- the debate. tell you how nbc's "meet the press," senior obama campaign adviser robert gibbs conceded the president could have done better and also took aim at governor romney. >> it's not rocket science to believe that the president was disappointed in the expectations that he has for himself. but, look, i think part of that was because as i said earlier, we met a new mitt romney. speaker gingrich was pretty eloquent in running during the primaries in saying that mitt romney will say absolutely anything to get elected. >> former speaker and republican candidate newt gingrich said this morning that president obama has no excuse. >> the president of the united states had 90 minutes. now, if he had done his homework and actually prepared and actually studied romney, why didn't he say it?
Search Results 0 to 49 of about 1,460 (some duplicates have been removed)

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